Fiat

Fi"at

(?), n. [L., let it be done, 3d pers. sing., subj. pres., fr. fieri, used as pass. of facere to make. Cf. Be.] 1. An authoritative command or order to do something; an effectual decree.
[1913 Webster]

His fiat laid the corner stone.
Willis.
[1913 Webster]

2. (Eng. Law) (a) A warrant of a judge for certain processes. (b) An authority for certain proceedings given by the Lord Chancellor's signature.
[1913 Webster]

Fiat money, irredeemable paper currency, not resting on a specie basis, but deriving its purchasing power from the declaratory fiat of the government issuing it.
[1913 Webster]

 

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Fri 14th December 2018